Here’s the market outlook for this week: EURUSD Dominant bias: Bullish The popular Non-Farm Employment Change and other employment figures coming out of the US and Canada caused significant impact on the markets on June 5, 2015...
EURUSD: Vulnerable Despite Weekly Higher Close EURUSD: Although EUR closed higher the past week, it faces downside pressure after losing a quarter of its last week gains (see daily chart). This development leaves it vulnerable to the downside. Resistance is seen at the 1...
The Currency Score analysis is one of the parameters used for the Ranking and Rating list which was published earlier this weekend...
Besides the Ranking and Rating list provided here I will also prepare this weekend the Weekly Currency Score list which will support my analysis for trading in the coming week which is then followed by my review on the FxTaTrader strategy...
Gionee Prez Lu Gionee has big plans for India and the line of attack for the company is ‘F5’ - fighting for the next five years with India rising as the hottest market for the company. India will be the world’s second largest smartphone market with a population of just over 1.2 billion...
I just provide knowledge about maximizing tool on your terminal mt4 so we will better understand and be wise in choosing indicators of external customs ... but all it takes to learn and need no pointing, for example, is how to set the level of the Fibonacci retrechment...
I have developed a good and profit maker EA. Back testing is excellent and modeling quality up to 90% .But it has different results in a real live account...
Leverage, Margin, Balance, Equity, Free Margin, Margin Call And Stop Out Level In Forex Trading I always see so many traders who trade forex, but still don’t know what margin, leverage, balance, equity, free margin and margin level are...
Technics "Magnetism OF FIBONACCI ARCS" This mapping technique I observed pattern still accurate and to analyze the next 1-2 months .. the objective determine the movement and rally or candle chart pattern that will come: Step 1 = sliding chart shifts to the middle of full stuck...
USDCHF: The pair continues to look vulnerable after closing marginally lower the past week. If a follow through lower is seen in the new week, further weakness will follow. On the downside, support comes in at the 0.9300 level...
As usual, let us start with a few words regarding last week’s forecast. And so: - for the EUR/USD pair the majority of experts (↑ - 69%, → - 12%, ↓ - 19%) predicted a stable growth. Technical indicators on the H4 timeframe also agreed with them...
fibo telescope that use Fibonacci retrechmen in motion or pattern formation chart pattern that will run, in this case we are able to map and detect movement chart .. very simple and very easy is to divide your windows with fibo mt4 archs, Fibo fan, oblique line, line horizontal and vertical line...
Weekly digest compiles the latest news from the world of stocks and finance, currency and commodity news, as well as interesting informative articles for traders. Top news of the week: Anticipated oil output decision: OPEC likely to keep pumping despite glut, denies fighting U.S. shale producers...
GBP/CAD is an downtrend, based on Double top on 4hr chart 1.9220, below strong resistance of R1 (1.9185) and below 4 MA, another support of last low 1.9149 , if breaks last low could be touch another support of 18MA (1.9113). it would be bounce from 18MA to touch R1 (1...
NZD/USD is a downtrend based on Double top on 0.7200, currently below of R1, and 18MA, there is a strong support on 0.7081, once break this support it could be touch 0.7000...
Euro paused to digest gains having reversed upward as expected against the US Dollar following two days of aggressive gains. Near-term resistance is at 1.1320, the 50% Fibonacci expansion, with a break above that on a daily closing basis exposing the 61.8% level at 1.1439...
Daily economic digest from Forex.ee Stay informed of the key economic events Friday, June 5th USD/CAD was growing yesterday hitting the session’s highs of 1.2503 over the upbeat U.S. data. The U.S...
US DOLLAR TECHNICAL ANALYSIS Prices continued to edge downward, producing the lowest daily close in a week. Near-term horizontal pivot support is at 11884, with a break below that on a daily closing basis exposing the 38.2% level at 11841...
